Mizuho Maintains Neutral on Cloudflare, Raises Price Target to $105
Portfolio Pulse from Benzinga Newsdesk
Mizuho analyst Gregg Moskowitz maintains a Neutral rating on Cloudflare (NYSE:NET) and raises the price target from $73 to $105.
February 09, 2024 | 3:46 pm
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POSITIVE IMPACT
Mizuho has maintained a Neutral rating on Cloudflare but increased the price target from $73 to $105.
The increase in price target by Mizuho suggests a positive outlook on Cloudflare's future performance, potentially leading to increased investor confidence and a short-term positive impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100